According to the latest estimates given by France 24, Centrist candidate Emmanuel Macron is leading by 23.7%, while far-right candidate Marine Le Pen has 21.9%.
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Will US Dollar extend rally after GDP and inflation data? – LIVE
The US Dollar (USD) consolidates its weekly gains after rallying on hawkish FOMC Minutes. The US BEA will publish the first estimate of the fourth-quarter Gross Domestic Product (GDP) and December PCE inflation data on Friday, possibly ramping up market volatility and driving the USD action heading into the weekend.
EUR/USD remains cautious near 1.1760 ahead of US data
EUR/USD trades marginally on the defensive at the end of the week, hovering around the 1.1770-1.1760 band against the backdrop of an equally humble advance in the US Dollar. Meanwhile, investors gear up for the release of key US data later in the day, including PCE and GDP figures.
Gold extends the recovery past $5,000/oz, looks at US data
Gold prices advance for the third straight day on Friday, reaching new multi-day highs just north of the key $5,000 mark per troy ounce. The continuation of the precious metal’s uptick follows steady geopolitical effervescence in the Middle East, while traders eagerly await key US data releases.
GBP/USD looks slightly bid near 1.3480, focus on US docket
The British Pound gathers some fresh steam on Friday, prompting GBP/USD to reverse four consecutive days of losses and revisit the 1.3480 zone. Cable’s decent bounce comes on the back of modest gains in the Greenback prior to the release of significant US data.
Week ahead – Markets brace for heightened volatility as event risk dominates
Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness.
Nifty 50: The crash to 25,400s - Nature’s gift or a trap?
While the broader market panicked as Nifty tumbled from 25,800 to the 25,400 zones, disciplined Elliott Wave traders were waiting for a specific 'Alternate Scenario.'